Julia's Blog
By Julia Hartman
(Download PDF) – Updated 05 09 2022 Being in business generally opens up a lot more tax advantages than just being an investor. Though on the downside it is a lot more difficult to negative gear a business unless your turnover is more than $20,000. In this blog we consider the definition of business in …
Download PDF – Updated 14 08 2022 So When is the Best Time to Buy a New Vehicle? – Preferably Electric Buying a new car has become more and more complicated over the years. I remember when it was just a matter of leafing through my father in law’s car review magazines going to the …
Download PDF COVID Tests Dating back to 1st July, 2021 expenditure on COVID tests necessary to attend work will be tax deductible. If the employer provides the test these will be deductible to the employer and exempt from FBT under the otherwise deductible rule. We expect that just like other items that are used both …
Download PDF – Updated 8th April 2022 Don’t forget to keep all the records you will need to be able to claim the associated costs as a tax deduction. None of the claims listed below will affect the CGT main residence exemption on your house. The CGT main residence exemption is more a factor of …
(Download PDF) There was once a time where the mention of inhouse software development seemed only relevant to the big end of town. But now so many businesses are looking to sell online it is important to understand how these costs are treated for tax purposes. After all if there is no tax deduction they …